Are you due a refund for overpaid business rates?
Are you paying too much for your Business Rates? If so, you may be due a refund and reduction in the amount you pay.
The UK business rating system is under significant pressure mainly due to a shortage in valuation office assessors. In many cases, the rateable value of your property is being estimated based on the little information the valuation office hold on your premises such as the gross floorspace. These inaccuracies mean that the rate discounts for areas such as communal, staff and storerooms are often not factored in, leading to many incorrect valuations.
Unlike council tax, business rates valuations can be appealed. When an appeal is successful, you not only receive a reduced business rate moving forwards, you also receive a refund of the overpaid rates since the last rating calculation in 2017.
Launching a Successful Appeal?
Unfortunately, this isn’t as easy as it sounds, and there are lots of things to consider, which is why we are experts in dealing with your business rates appeal on your behalf. As you will see below, we have successfully made successful appeals for many other businesses and can also help you do the same.
If you are wondering if you can appeal your business rates take advantage of our free ‘Business Rates Appeal’ rating calculator. You answer five simple questions, and we will rate your chance of appeal on the scale of poor to excellent.
For good and excellent ratings we can then offer you a free 15 minutes telephone consultation. Our expert surveyors will take a look at your case and give you an indication of how successful an appeal might be.
Top 5 Reasons for Business Rates Appeals:
- Your rent is less than your Rateable Value
- Your neighbours rent is less than their Rateable Value
- Incorrectly applied Business Rates Reliefs
- Incorrect floor areas on the VOA database
- VOA used the wrong method of valuation for rating